https://www.citadele.lv/en/private/funds

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https://www.citadele.lv/en/private/funds

Investment funds*

Investment funds are a collective financing instrument in which your money is combined with other investors' money and invested by financial experts in the financial market to earn profits for investors.

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* AS «Citadele banka» does not offer investment portfolio management services, fund and asset management services, individual consultations on investing in financial instruments, or recommendations on the capital markets. These services are provided by companies in the Citadele Group: IPAS «CBL Asset Management», AAS «CBL Life» and AS «CBL Atklātais pensiju fonds».

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The most popular method worldwide

Invest in international financial markets to help your savings grow

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Extensive investment opportunities

Bringing together the money of many investors widens the opportunities for investing

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Professional asset management

Entrust your spare assets to industry-renowned specialists

3 simple steps to start investing


Sign an agreement with Citadele bank


If you are a Citadele customer, sign an agreement on the opening of a financial instrument account and the enabling of transactions with financial instruments (in accordance with which Citadele will open a financial instrument and financial instrument cash account for you). This is an account into which the securities you purchase will be transferred, as well as the money you intend to use for financial instrument transactions.
Sign agreement can be concluded as follows:

  • The Citadele online bank: Investments > Create new > Application for conclusion of the Contract on Financial Instruments Accounts and Transactions
Log in to online bank
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Transfer funds to your financial instrument cash account


Transfer funds to your financial instrument cash account in the way that's easiest for you

  • The Citadele online bank: Maksājumi > Payments > Payments between accounts
  • The Citadele mobile app: Pay > Between accounts
  • Additional options, you can also exchange currency within your financial instrument account. You can do this through the Citadele online bank: Payments > Currency exchange
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Submit a security purchase/sale order

  • The Citadele online bank: Investments > New order > Order for investment fund unit purchase or redemption or Order for stocks purchase/sale, or Order for bond purchase/sale
  • By calling a Citadele broker at +371 67010555
  • Worth to know - if you wish to invest in shares traded on the United States markets, you will also need to fill in and submit a W-8BEN tax form. Find out more by calling a Citadele broker at +371 67010555
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Where should I invest my spare money?

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If you have longer-term goals, then investment funds are a suitable choice. By making use of the opportunities afforded by the financial markets, you are able to increase the value of your savings. Using Citadele's brokerage services, you can invest in Citadele subsidiary CBL Asset Management's investment funds, funds traded on the stock exchange (ETFs - Exchange Traded Funds) and other investment funds.

Learn more

** The CBL Opportunities funds are managed by IPAS «CBL Asset Management». When investing in an investment fund, you risk losing money as well as gaining profit. The net value of investment fund assets has a high rate of fluctuation, and historic profitability does not guarantee similar profits in the future. The value of an investment fund may increase or fall, and there is no guarantee that your initial investment will be maintained or make a profit.

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Learn more

** The CBL Bond funds are managed by IPAS «CBL Asset Management».When investing in an investment fund, you risk losing money as well as gaining profit. The net value of investment fund assets has a high rate of fluctuation, and historic profitability does not guarantee similar profits in the future. The value of an investment fund may increase or fall, and there is no guarantee that your initial investment will be maintained or make a profit.

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Learn more

** The CBL Share funds are managed by IPAS «CBL Asset Management». When investing in an investment fund, you risk losing money as well as gaining profit. The net value of investment fund assets has a high rate of fluctuation, and historic profitability does not guarantee similar profits in the future. The value of an investment fund may increase or fall, and there is no guarantee that your initial investment will be maintained or make a profit.

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Exchange Traded Funds (ETFs)

Funds whose price changes depend on the changing price of an index or gold, oil or another product. ETFs are traded on the stock market just like shares. For example, when you purchase a share of an index ETF, you are purchasing a share portfolio which includes shares from various companies. Indexes can include multiple share categories, or they can group company shares from one or several countries. Indexes can reflect trends in a specific industry, such as technology, health or the financial sector. Advantages:

  • Liquidity: constant ETF trading on the stock market with usually larger trading volumes than separate shares
  • Lower bank fees than buying each share separately
  • A more diversified portfolio and extensive availability - investment opportunities in various financial instruments (shares, bonds, goods), countries and regions, as well as industries

Investment funds managed by others

You are also able to purchase investment funds and hedge funds managed by other world-leading fund managers, which gives you the opportunity to not only protect your capital from losing value due to inflation, but also to earn more. Bringing together the money of many different investors makes it possible to expand the spectrum of investment opportunities and implement the professional management of this money with the aim of earning money. When investing your money in investment funds, you may suffer losses as well as make money.

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Didn’t find the answer to your question?

Visit our interactive assistant and find the information you need

Interactive assistant
Can I receive a consultation from the bank on the best investments?

The bank does not give recommendations to customers on the most suitable investment types and does not recommend any specific financial instruments. The customer makes their own evaluations and decisions on their investments, their need for them, and the suitability of specific financial instruments for their goals and needs.

However, we do recommend that potential investors use Finoterapija, an online consultation tool created by the bank’s subsidiary CBL Asset Management to help customers understand, how to manage their finances better. Also available is Investment strategy questionnaire, which customers can fill out to receive personalised investment recommendations for investment funds managed by CBL Asset Management tailored to their financial situation, risk appetite and knowledge.

What commission fees do the investor pay when buying and selling investment fund certificates?

We take a brokerage fee for completing the transaction in accordance with our current tariffs. There is no brokerage fee for transactions with funds managed by CBL Asset Management if the transaction sum exceeds €100. If the transaction sum is lower than €100, the same brokerage fee as for transactions with other funds applies.

What is the minimum investment amount for investing in funds?

The minimum investment amount is set in the prospectus for each respective fund.

Is there a custody fee for holding investment fund certificates?

The investment fund custody fee is taken in accordance with our current tariffs. There is no custody fee for holding funds managed by CBL Asset Management.

How do I submit an order for the purchase/sale of an investment fund?

If you are a Citadele customer and you already have a financial instrument account, you can submit an order through the Citadele online bank under Investments (New order > Order for the purchase or sale of investment fund shares).

You can see more detailed information on opening a financial instrument account and submitting an order for a financial instrument transaction here.

More questions
Can I receive a consultation from the bank on the best investments?

The bank does not give recommendations to customers on the most suitable investment types and does not recommend any specific financial instruments. The customer makes their own evaluations and decisions on their investments, their need for them, and the suitability of specific financial instruments for their goals and needs.

However, we do recommend that potential investors use Finoterapija, an online consultation tool created by the bank’s subsidiary CBL Asset Management to help customers understand, how to manage their finances better. Also available is Investment strategy questionnaire, which customers can fill out to receive personalised investment recommendations for investment funds managed by CBL Asset Management tailored to their financial situation, risk appetite and knowledge.

What commission fees do the investor pay when buying and selling investment fund certificates?

We take a brokerage fee for completing the transaction in accordance with our current tariffs. There is no brokerage fee for transactions with funds managed by CBL Asset Management if the transaction sum exceeds €100. If the transaction sum is lower than €100, the same brokerage fee as for transactions with other funds applies.

What is the minimum investment amount for investing in funds?

The minimum investment amount is set in the prospectus for each respective fund.

Is there a custody fee for holding investment fund certificates?

The investment fund custody fee is taken in accordance with our current tariffs. There is no custody fee for holding funds managed by CBL Asset Management.

How do I submit an order for the purchase/sale of an investment fund?

If you are a Citadele customer and you already have a financial instrument account, you can submit an order through the Citadele online bank under Investments (New order > Order for the purchase or sale of investment fund shares).

You can see more detailed information on opening a financial instrument account and submitting an order for a financial instrument transaction here.

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When investing in an investment fund, you risk losing money as well as gaining profit. The net value of investment fund assets has a high rate of fluctuation, and historic profitability does not guarantee similar profits in the future. The value of an investment fund may increase or fall, and there is no guarantee that your initial investment will be maintained or make a profit.